Iron ore price tumbles on persistently weak fundamentals in ChinaProperty market in China, the largest steel consumer, has been hit hard by a debt crisis.Reuters | March 11, 2024 | 6:46 am
Vale CEO to keep job through 2024 as miner seeks successorEduardo Bartolomeo will retain his job through December.Bloomberg News | March 8, 2024 | 5:12 pm
Severstal plant in Russia’s Cherepovets hit by drone strike, says officialNo injuries have occurred, and operations have remained uninterrupted.Reuters | March 7, 2024 | 6:50 am
Indian steel mills seek iron ore export ban as China sales jump Indian exports jumped 170% to 44 million tons last year — most of which went to China. Bloomberg News | February 25, 2024 | 12:03 pm
Some Australian ports reopen with cyclone to miss iron ore hub Operations have resumed at Cape Preston West and Varanus Island, according to a statement from Pilbara Ports Authority. Bloomberg News | February 23, 2024 | 9:15 am
Iron ore boom of the 2000s repeating – this time with critical metals In a case of history rhyming, critical metal developers sit at the edge of enormous opportunity. James Cooper | February 22, 2024 | 4:03 pm
Vale’s fourth-quarter profit falls 35% on higher provisions over dam accident The miner also announced a pay out to shareholders of about 2.74 reais ($0.5520) per share. Reuters | February 22, 2024 | 3:43 pm
Nippon Steel’s China assets raise concerns over US deal The complication for Nippon Steel is that regulators may look unfavorably on whether its acquisition of US Steel could allow more access to US markets for Chinese-sourced steel. Bloomberg News | February 22, 2024 | 2:46 pm
Anglo American to review assets after writedowns and profit plunge The miner has announced a $1.6 billion impairment charge on its De Beers diamond business owing to faltering demand. Reuters | February 22, 2024 | 9:51 am
Anglo American to produce iron ore from Vale’s Serra da Serpentina deposit in Brazil The miners have signed an agreement to integrate the Serra da Serpentina deposit into the Minas-Rio iron ore complex. Staff Writer | February 22, 2024 | 8:40 am
Australian iron ore port starts clearing ships ahead of cyclone Dampier is used by Rio Tinto Group to export iron ore. Bloomberg News | February 22, 2024 | 7:11 am
Fortescue beats on first-half profit, posts strong dividend Imports to China, the world's largest iron ore consumer, hit a record high last year on strong demand. Reuters | February 21, 2024 | 4:24 pm